Taiwan's Yusco raises 300-series stainless list prices further for Sept sales

Yieh United Steel Corp (Yusco), Taiwan's largest stainless steel producer, has decided to hike its list prices of 300-series stainless steel further for local sales in September given higher production costs and an expected recovery in downstream demand, according to a market source in Taiwan.

For business discussions in September, the company's list prices for 304-grade hot-rolled and cold-rolled stainless products have been raised by TWD 1,500/tonne ($47/t) on month, while the surcharges of 316L have been lifted by TWD 2,500/t from the previous month. However, the Kaohsiung-based maker continues to roll over its